Equity Market Could Be in for Some Trouble, Says Saxo Capital Markets’s Creagh

The video discusses the current state of the equity market, highlighting profit-taking trends and the impact of multiple expansions, particularly in Australia. It addresses the challenges in earnings forecasts due to trade tensions and slowing growth in China and the US. The Federal Reserve's potential rate cuts are examined, with a focus on global uncertainties and economic data. The video also explores global economic concerns, including tariffs and the manufacturing sector's decline, and the role of central banks in addressing these issues.

Discuss the expected impact of the manufacturing sector's decline on the economy.

What might analysts need to do with their forecasts for 2020 based on the current economic conditions?